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Janeen Lindsey

jlindsey@theatlantakeyfirm.com +1(678) 499-6201

$ 625,000

Est. payment | -/mo

3 Beds

3 Baths

1,899 SqFt

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$ 625,000

Est. payment | -/mo

Save

3 Beds

3 Baths

1,899 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 1,899 sqft

Price per Sqft $329

Subdivision Glynn Haven Estates

MLS Listing ID 10889662

Style Traditional

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1990

Annual Tax Amount $5,852

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 4791.6

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Island Living, Income Potential & NO HOA! Why choose between owning a piece of St. Simons Island and making a smart investment when you can have both? Welcome to 501 Atlantic Drive, a well-maintained coastal property offering flexibility, established rental history, and the opportunity to make island living work for you! Featuring two separate living spaces, the upstairs offers a 2-bedroom, 2-bath residence with a successful history of mid-term, executive, and corporate rentals, while the downstairs 1-bedroom, 1-bath residence boasts a strong history of long-term rental use. Whether you're an investor seeking multiple income streams, a buyer looking to live in one space while offsetting ownership costs with rental income, or someone searching for a coastal retreat with added flexibility, the possibilities are exciting! Situated on a generous lot, this property features an inviting porch, a two-car garage, an existing elevator (functionality unverified), and an HVAC system replaced within the last few years. Best of all, NO HOA! With its versatile layout, established rental history, and desirable St. Simons Island location, 501 Atlantic Drive offers more than just a place to call home. It's an opportunity to enjoy the coastal lifestyle while putting your property to work for you! Listing agent is a principal in this transaction.

Location

State GA

County Glynn

Rooms

Bedroom Description No

Basement None

Dining Room Dining Rm/Living Rm Combo

Interior

Interior Features Double Vanity

Heating Central, Electric

Cooling Central Air, Electric

Flooring Vinyl

Fireplace No

Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Laundry In Kitchen

Exterior

Parking Features Attached, Off Street

Community Features None

Utilities Available Underground Utilities

View Y/N No

Roof Type Composition

Garage Yes

Private Pool No

Building

Lot Description None

Faces From I-95 S, take exit 38 for Golden Isles Pky, merge right onto US-17 S, and then turn left F J Torras Causeway. Continue onto Kings Way and turn left onto Sea Island Rd. Turn onto Frederica Dr, left on Palmetto St - the home is located on your left at the corner of 5th Ave and Atlantic Dr.

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Block

New Construction No

Schools

Elementary Schools Oglethorpe Point

Middle Schools Glynn

High Schools Glynn

Others

HOA Fee Include None

Tax ID 0405193

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

Nearby Locations

Janeen Lindsey

Broker License ID: 280864

+1(678) 499-6201 | jlindsey@theatlantakeyfirm.com

501 Atlantic DR St. Simons, GA 31522

Janeen Lindsey

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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501 Atlantic DR